The Machinery and Equipment Wholesaling industry enjoyed vigorous growth before and after the global financial crisis, underpinned by surging demand for mining machinery and equipment due to the global resources boom. Strong growth in freight volumes and investment in water infrastructure also stimulated demand for material-handling equipment and pumps. However, the terminal decline of the Australian manufacturing sector constrained demand for machine tools and other machinery. The fall in commodity prices also cut back demand from mining companies in the current year.
Wholesalers in the industry sell machinery, parts or equipment not elsewhere classified to various industries and markets. Products wholesaled by companies in the industry can include anything from hairdressing equipment to milk processing machinery.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.